Smart cushion maker inspired by fellow founders

The founder of a Brown County startup says a recent win at a pitch competition in San Diego was particularly special. Wave Therapeutics, which is developing a smart cushion device to prevent bed sores, won the $10,000 top prize at the Women’s Venture Summit.... Read More

TechPoint grows apprenticeship placement efforts

TechPoint, the nonprofit growth accelerator for Indiana's tech ecosystem, is partnering with Texas-based New Apprenticeship to help grow the state's workforce through apprenticeships. The program is part of TechPoint’s Mission41K to add another 41,000 workers.... Read More

Co-working company eyes January opening at The Stutz

A New York City-based co-working space operator is shoring up plans for a new location in downtown Indy. Industrious plans to take about 26,700 square feet in The Stutz, offering 350 total seats in private offices and shared workspaces and conference rooms.... Read More

EmployIndy names new chief

EmployIndy has promoted Marie Mackintosh to president and chief executive officer, succeeding Angela Carr Klitzsch. Mackintosh most recently served as chief strategy officer.... Read More

Logistics firm selects Circle Centre Mall for HQ

Circle Centre Mall in downtown Indianapolis has landed a new tenant that may signal the refocused future of the beleaguered retail hub. Indianapolis-based Direct Connect Logistix is moving its corporate headquarters into the former Nordstrom store location.... Read More

Smart mailbox maker launches crowdfunding campaign

Lawrence-based Dronedek is launching a $5 million crowdfunding campaign on the StartEngine platform. Dronedek, which is known for its patented smart mailbox, says the additional funding will help produce units to be distributed throughout the U.S.... Read More

Indiana biotech startup lands $2.8M fast-track grant

The National Institutes of Health has awarded a $2.82 million Fast-Track SBIR grant to West Lafayette-based Rescue Biomedical. The company plans to use the funding to develop its technology to automatically deliver naloxone in response to an opioid overdose.... Read More

Upscale $85M Kimpton hotel set to move forward

Plans for a new hotel at the northeast corner of Pennsylvania and Washington streets in downtown Indianapolis are set to move forward now that developers have secured a nod from a city commission to receive financing help with the project.... Read More

The Andersons acquires Hoosier retail farm center

Ohio-based The Andersons Inc. is adding to its Indiana portfolio. The agribusiness this week announced plans to acquire Mote Farm Service Inc., a retail farm center headquartered in Union City, though financial terms are not being disclosed.... Read More

Cimtech breaks ground on New Albany expansion

New Albany-based Cimtech has broken ground on a $2.7 million expansion at its Floyd County headquarters. The company, which provides precision manufacturing services, says the project will allow it to grow staff and increase capacity.... Read More